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CONSOLIDATED STATEMENTS OF CONDITION (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS:    
Cash and cash equivalents $ 2,001,737 $ 1,927,542
Securities:    
Available-for-sale ($590,488 and $500,811 pledged, respectively) 724,662 [1] 652,956 [2]
Held-to-maturity ($3,610,172 and $3,881,139 pledged, respectively) (fair value of $3,966,185 and $4,157,322, respectively) 3,815,854 [3] 4,135,935 [4]
Total securities 4,540,516 4,788,891
Non-covered loans held for sale 1,036,918 1,207,077
Non-covered loans held for investment, net of deferred loan fees and costs 25,532,818 23,707,494
Less: Allowance for losses on non-covered loans (137,290) (158,942)
Non-covered loans held for investment, net 25,395,528 23,548,552
Covered loans 3,753,031 4,297,869
Less: Allowance for losses on covered loans (33,323) (11,903)
Covered loans, net 3,719,708 4,285,966
Total loans, net 30,152,154 29,041,595
Federal Home Loan Bank stock, at cost 490,228 446,014
Premises and equipment, net 250,859 233,694
FDIC loss share receivable 695,179 814,088
Goodwill 2,436,131 2,436,159
Core deposit intangibles, net 51,668 77,734
Mortgage servicing rights 117,012 107,378
Bank-owned life insurance 768,996 742,481
Other real estate owned (includes $71,400 and $62,412, respectively, covered by loss sharing agreements) 155,967 90,478
Other assets 363,855 484,635
Total assets 42,024,302 41,190,689
Deposits:    
NOW and money market accounts 8,757,198 8,235,825
Savings accounts 3,953,859 3,885,785
Certificates of deposit 7,373,263 7,835,161
Non-interest-bearing accounts 2,189,810 1,852,280
Total deposits 22,274,130 21,809,051
Wholesale borrowings:    
Federal Home Loan Bank advances 9,314,193 8,375,659
Repurchase agreements 4,125,000 4,125,000
Total wholesale borrowings 13,439,193 12,500,659
Junior subordinated debentures 426,936 426,992
Other borrowings 94,284 608,465
Total borrowed funds 13,960,413 13,536,116
Other liabilities 224,055 319,302
Total liabilities 36,458,598 35,664,469
Stockholders' equity:    
Preferred stock at par $0.01 (5,000,000 shares authorized; none issued)      
Common stock at par $0.01 (600,000,000 shares authorized; 437,426,665 and 435,646,845 shares issued, and 437,344,796 and 435,646,845 shares outstanding, respectively) 4,374 4,356
Paid-in capital in excess of par 5,309,269 5,285,715
Retained earnings 324,967 281,844
Treasury stock, at cost (81,869 and 0 shares, respectively) (996)  
Accumulated other comprehensive loss, net of tax:    
Net unrealized gain on securities available for sale, net of tax 1,321 12,600
Net unrealized loss on the non-credit portion of other-than-temporary impairment ("OTTI") losses on securities, net of tax (13,627) (20,572)
Net unrealized loss on pension and post-retirement obligations, net of tax (59,604) (37,723)
Total accumulated other comprehensive loss, net of tax (71,910) (45,695)
Total stockholders' equity 5,565,704 5,526,220
Total liabilities and stockholders' equity $ 42,024,302 $ 41,190,689
[1] The non-credit portion of OTTI recorded in AOCL was $570,000 (before taxes).
[2] The non-credit portion of OTTI recorded in AOCL was $12.5 million (before taxes).
[3] Held-to-maturity securities are reported at a carrying amount equal to amortized cost less the non-credit portion of OTTI recorded in AOCL. The non-credit portion of OTTI recorded in AOCL was $21.7 million (before taxes).
[4] The non-credit portion of OTTI recorded in AOCL was $21.9 million (before taxes).